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. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u. economy? >> probably not. i'm bullish in the auto business and the building trades, but that is not going to be enough to offset the fiscal cliff, and we're going to have to manage europe at the same time. >> susie: let's say there is no deal and the u.s. economy really slows down, or as some people say could go into a recession, how are you preparing for that possibility? >> we're trying to make those investments that are strategic, and holding back on our hiring because we don't know the growth rates. we're probably looking at the different ways to duce our poits from a logical standpoint, and we're trying to pull every lever to give us some latitude and leverage. >> susie: what deal would you like to see come out of washington? what would be best for your company? >> probably making certain that the tax increases don't go all the way down to the middle class. i think we've just
. >> susie: you do a lot of business in china, and you're very bullish on china. can your business in china offset any during you might have in your business from what goes on in the u. economy? >> probably not. i'm bullish in the auto business and the building trades, but that is not going to be enough to offset the fiscal cliff, and we're going to have to manage europe at the same time. >> susie: let's say there is no deal and the u.s. economy really slows down, or as some...
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. >>> next, china fights back. the letter from beijing5nk#g ta bay area lawmaker slamming warnings about imported dog food. >>> mail to the chief. bay area students send their ideas to president obama, the big lesson behind a big letter-writing campaign. >>> good morning.&Ñ46h fiscal cliff jitters putting a damper on stocks, stocks slid yesterday for the first time this week investors sold as Ñ avoidg the fiscal cliff seemed toavoidg grind to halt. irs says no deal could mean filing delays for 100 million taxpayers the agency would need weeks to adjust computers to calculate what would be a new alternative minimum rate. government is getting out of general motors company set to begin buying back 200 million shares from uncle sam, tax spares are -- taxpayer >>> live look out our sutro tower camera across the bay clear, cold, not as cold as yesterday in most places.)jjt the rain is coming to everybody in a short while. [ inaudible ] >>> this morning, hp faces first lawsuit over the acquisition of british software
. >>> next, china fights back. the letter from beijing5nk#g ta bay area lawmaker slamming warnings about imported dog food. >>> mail to the chief. bay area students send their ideas to president obama, the big lesson behind a big letter-writing campaign. >>> good morning.&Ñ46h fiscal cliff jitters putting a damper on stocks, stocks slid yesterday for the first time this week investors sold as Ñ avoidg the fiscal cliff seemed toavoidg grind to halt. irs says no...
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. >> rose: do you look at the new leadership in china and think they will change the way china is -- >> well, they're a new generation, i've met some of them. but the question -- i think they face enormous questions about their own internal political system i hope that there's a real international opportunity to nationalize their currency. instead of that being a threat it's an opportunity for london as a financial center to be the place where ewan trading takes place and, in fact the last couple of months for the first time in our history a chinese bank issues and rnb bond outside china and hong kong so that's because of a lot of hard work in the city of london and with the british government to make britain a place where this new activity takes place. it's a good example of us actually not do so powered by rolls royce engines and airbus planes. the that's a bit anglocentric but there are going to be products and service which is people and these countries will want for the first time in their families histories and there's a real opportunity for western businesses. >> rose: the lar
. >> rose: do you look at the new leadership in china and think they will change the way china is -- >> well, they're a new generation, i've met some of them. but the question -- i think they face enormous questions about their own internal political system i hope that there's a real international opportunity to nationalize their currency. instead of that being a threat it's an opportunity for london as a financial center to be the place where ewan trading takes place and, in fact...
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where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending down, we have some other parts of our business that are doing extremely well. you mentioned some of the mechanics business we're involved in which we call our consumer technology business. that has nothing to do with electronics so we don't have to sell any electronic hardware for those businesses to perform well. parts of our business are a reflection of the economy and other parts of our business are growing very robustly. so i'm very hopeful for the balance of the year and, you know, i think the company is diversified enough to take advantage of whatever opportunities are out there. >> okay. i am so
where is that coming from because i see china coming back a little, maybe europe's done going down, we seem to be a little bit stalled. somebody's building something around this world. >> i think it's a matter of jabil being very competitive in the markets we serve and having sufficient diversification so that if one part of our business, for instance networking on telecommunications may be going through a lull or slower period with government spending and bess spending, capital spending...
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the only negative region in the entire world for them is china. getting crushed a little bit on a peril, but i think the north american strength, when you look at the global growth where it is, it's in north america right now, and you take a look at the eps beat, that's what investors are looking at. >> thank you very much. brian schaktman, we'll watch nike. back to our interview with outgoing republican governor mitch daniels of indiana. good to have you. thanks so much for joining us. >> yes, ma'am. >> we were talking about the possibility of a deal in washington. what's your take in terms of how this plays out. you think we get a deal, or no? >> in a lot better position to know than i am. my intuition tells me that ultimately the sequester and all the implications of that will be avoided somehow. washington has a pattern of doing that and kicking the proverbial can, but as we were saying before the break, maria, even if they do, until they show some seriousness about the welfare state programs and the completely unkeepable promises that are bui
the only negative region in the entire world for them is china. getting crushed a little bit on a peril, but i think the north american strength, when you look at the global growth where it is, it's in north america right now, and you take a look at the eps beat, that's what investors are looking at. >> thank you very much. brian schaktman, we'll watch nike. back to our interview with outgoing republican governor mitch daniels of indiana. good to have you. thanks so much for joining us....
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. >> new video of a frightening scene in china has a knife wielding man injures more than 20 children. what authorities think may have led to that attack. >> we've got rain back in the forecast. it's going to impact your friday holiday commute and your holiday weekend. we'll have details in just 10 minutes. >> new crash test data out >>> law enforcement officials are urging drivers to slow down after black ice cause add multicar crash last night near the oregon border. the pile up shut down interstate 5 for 12 hours. >>> new crash tests out tonight show moderately priced mid size cars outs perform most of their luxury counterparts. the tests were conducted on 2013 models. 13 of 18 of the cars it tested received a good or acceptable rating with the honda accord at the top of the list. only 3 of the 11 mid sized luxury cars were deemed good or acceptable. >>> we have posted more details of those test results at ktvu.com. look for the hot topics section. >> two video of two san francisco police officers racing into general hospital with a newborn they found abandoned in the street. you c
. >> new video of a frightening scene in china has a knife wielding man injures more than 20 children. what authorities think may have led to that attack. >> we've got rain back in the forecast. it's going to impact your friday holiday commute and your holiday weekend. we'll have details in just 10 minutes. >> new crash test data out >>> law enforcement officials are urging drivers to slow down after black ice cause add multicar crash last night near the oregon...
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then you also have china that we talked about. i thinks that really what's going on in under lying market. >> bill ackman is laying out his short case against herbal life. >> are we into hour two and a half now? >> we're well into hour three. >> ackman is back up as it were. >> it not terribly unusual for ackman. there's a lot of history about looking at what is a pyramid scheme, et cetera. the up shot that herbalife is a pyramid scream and should be treated like one. here's how ackman speaking about an hour ago described it. >> i believe herballife products general dili do what they say they're going to do. the problem is you're commodities. but key to all of these of these games is deception. you have to skrons unwitting participants this is really an attractive opportunity. >> not a great quality of video but you do see him speaking of hits own words. and it was ackman and it would have his associates who walked through this thesis in great detail. sold at a deep discount, making claims about its sales figures tough to believe
then you also have china that we talked about. i thinks that really what's going on in under lying market. >> bill ackman is laying out his short case against herbal life. >> are we into hour two and a half now? >> we're well into hour three. >> ackman is back up as it were. >> it not terribly unusual for ackman. there's a lot of history about looking at what is a pyramid scheme, et cetera. the up shot that herbalife is a pyramid scream and should be treated like...
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i think growth in china's accelerating. the stock market there might be the most undervalued in the world. the stock market entirely could be undervalued. how many short sellers told you to do the opposite and sell that market? after the steamroller the chinese stock market has been of late, what exactly are the short sellers saying now? i don't know, i'm not hearing them clearly. i'm not listening. i'm not, no, i'm not hearing. europe and china both were supposed to slip into oblivion in 2012. that was the easiest story, everybody wrote it. turns out to be two fabulous places to invest. how about this housing market? most common worry, the dreaded shadow inventory. oh, the shadow inventory. >> the house of pain. >> so many banks and so many homes on the books they could never recover. wasn't that the narrative? now, where are we? the shadow inventory turned out to be illusory. the banks that were thought to be a ton of shadow inventory in the books, i hope they have some because they've been the hottest stocks around. espe
i think growth in china's accelerating. the stock market there might be the most undervalued in the world. the stock market entirely could be undervalued. how many short sellers told you to do the opposite and sell that market? after the steamroller the chinese stock market has been of late, what exactly are the short sellers saying now? i don't know, i'm not hearing them clearly. i'm not listening. i'm not, no, i'm not hearing. europe and china both were supposed to slip into oblivion in 2012....
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>> the group says, we have been kicked out of other countries like china and myanmar, i know the u.s. does not want to be on that list. >> greta: i was right. do you know all about this. >> i learned from you. >> greta: coming up, san diego's newest baby panda gets a bit distracted. the adorable and must-see video is next. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99.
>> the group says, we have been kicked out of other countries like china and myanmar, i know the u.s. does not want to be on that list. >> greta: i was right. do you know all about this. >> i learned from you. >> greta: coming up, san diego's newest baby panda gets a bit distracted. the adorable and must-see video is next. hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [...
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. >> bob: evangelical movement is moving to places like china, where a number of them were killed and country that is dangerous. that is what conviction of the face in jesus christ is about. give him credit. i don't say that all muslims are intolerant. they are not. but the problem is your leade leadership, don't seem to get it. they don't some to follow the prophet muhammad. they might want to read it one more time. one more time. one more thing is up next. ♪ ♪ >> andrea: time now for one more thing. >> dana: last night we had our "the five" holiday party, office party. instead of going out to have a dinner, we went bowling. at a place in times square. >> greg: we. >> dana: greg didn't come because he is a scrooge. place called 44. happened to be, president obama, the 44th president. i took that picture and said it was a sign. get it? greg? andrea and i threw pins. i don't know what happened to our eyes there. we look demonic. >> andrea: possessed. >> greg: payback. >> dana: we were angelic and we very, very good. >> andrea: speak for yourself, dana. >> eric: tell you about the s
. >> bob: evangelical movement is moving to places like china, where a number of them were killed and country that is dangerous. that is what conviction of the face in jesus christ is about. give him credit. i don't say that all muslims are intolerant. they are not. but the problem is your leade leadership, don't seem to get it. they don't some to follow the prophet muhammad. they might want to read it one more time. one more time. one more thing is up next. ♪ ♪ >> andrea: time...
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. >> new video of a frightening scene in china has a knife wielding man injures more than 20 children. what authorities think may have led to that attack. >> we've got rain back in the forecast. it's going to impact your friday holiday commute and your holiday weekend. we'll have details in just 10 minutes. >> new crash test data out tonight. the evidence that luxury does not necessarily equate to safety. >>> law enforcement officials are urging drivers to slow down after black ice cause add multicar crash last night near the oregon border. the pile up shut down interstate 5 for 12 hours. >>> new crash tests out tonight show moderately priced mid size cars outs perform most of their luxury counterparts. the tests were conducted on 2013 models. 13 of 18 of the cars it tested received a good or acceptable rating with the honda accord at the top of the list. only 3 of the 11 mid sized luxury cars were deemed good or acceptable. >>> we have posted more details of those test results at ktvu.com. look for the hot topics section. >> two video of two san francisco police officers racing into
. >> new video of a frightening scene in china has a knife wielding man injures more than 20 children. what authorities think may have led to that attack. >> we've got rain back in the forecast. it's going to impact your friday holiday commute and your holiday weekend. we'll have details in just 10 minutes. >> new crash test data out tonight. the evidence that luxury does not necessarily equate to safety. >>> law enforcement officials are urging drivers to slow down...
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>> the group says, we have been kicked out of other countries like china and myanmar, i know the u.s. does not want to be on that list. >> greta: i was right. do you know all about this. >> i learned from you. >> greta: coming up, san diego's newest baby panda gets a bit distracted. the adorable and must-see video is next. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. get 0% apr financing for 36 months on a 2013 subaru forester and we'll donate 250 dollars to your choice of 5 charities. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>. >> >>. >>
>> the group says, we have been kicked out of other countries like china and myanmar, i know the u.s. does not want to be on that list. >> greta: i was right. do you know all about this. >> i learned from you. >> greta: coming up, san diego's newest baby panda gets a bit distracted. the adorable and must-see video is next. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love"...
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today there in 27 foreign markets, including brazil, india, china, and a number of other countries around the world. they focused in terms of their growth strategy -- >> we have 10 seconds. >> that focused mainly on growth in foreign markets. some mexico was central to walmart's story about its own growth. >> david barstow, we will do part 2 and play it on democracynow.org. [captioning made possible by democracy now!]
today there in 27 foreign markets, including brazil, india, china, and a number of other countries around the world. they focused in terms of their growth strategy -- >> we have 10 seconds. >> that focused mainly on growth in foreign markets. some mexico was central to walmart's story about its own growth. >> david barstow, we will do part 2 and play it on democracynow.org. [captioning made possible by democracy now!]
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. >> coming up at 5:00 letter from china slamming fda for warnings about imported dog food. >> and a blowfish researchers believe could hold a key t you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! >>> a substitute teacher from marin county is a multi millionaire. >> the judge declared her the soul heir to the fort yooun of her late cousin who died in his home. >> cruise found gold coins to fill two wheel barrels worth $7.5 million. a court ruled she's the only surviving relative no. comment from her. >> a radio station started in the closet of the apartment of a man has become a community favorite zmou, getting bigger. the raid yes sausalito. >>
. >> coming up at 5:00 letter from china slamming fda for warnings about imported dog food. >> and a blowfish researchers believe could hold a key t you know how much grandma wanted to be here for your fist christmas? you see grandma lives waaaay down here, and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be...
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[ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. .so as you can see, geico'sion, risks, fees and expenses customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? executor of efficiency. you can spot an amateur from a mile away... while going shoeless and
[ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully...
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do they have carried interest thing in china? >> all carried interest. >> the whole country is carried interest. >> all state-owned enterprise carried interest. >> retail, jim, is among the laggards today. bed bath the worst performer. mentioned that earlier. kohl's, macy's, target, penne, game stop, nordstrom. des started off a little soft. if claims spike up a bit, maybe the month doesn't end the way some people wish it had. >> gift cliff, way too warm, natural gas, what was the statistic you gave, an anti-retail statistic. >> about new york city? >> yeah. >> 2012 on track to be the warmest on record. average temp, i think 57. 57 degrees. >> i don't wear north face when it is 57. >> our ugg boots. >> i think north face -- >> i don't wear ugg boots in any season. >> but do you have a combination of sandy taking out a lot of november, warm weather, what i call the gift cliff, falling off the gift cliff. we need some cold weather between now and next week. just -- >> coat sales? >> no, because clothing sales, remember if you are a
do they have carried interest thing in china? >> all carried interest. >> the whole country is carried interest. >> all state-owned enterprise carried interest. >> retail, jim, is among the laggards today. bed bath the worst performer. mentioned that earlier. kohl's, macy's, target, penne, game stop, nordstrom. des started off a little soft. if claims spike up a bit, maybe the month doesn't end the way some people wish it had. >> gift cliff, way too warm, natural...
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china clearly has bottomed. and i think with the new leadership in place, we'll have much more talk about urbanization and the restructuring that will continue to take place there and so that leaves us with europe. and europe is not doing well. we all know that. but i think europe has stopped deteriorating. so if we look at the pmi numbers, for example, they're still really bad, but they have stopped going down and some of the numbers increased even though they're still well below 50. all of this together means that i think it's going to be a very interesting year for equities that will make money in equities this year. >> virginie, if there's any good news for investors, maybe they can focus on fundamentals or looking at some particular companies, you know, is it a stock picker's market, that kind of thing. but we have major electrics. especially just mentioned europe, we have german elections, we have what's going on in italy. is it going to still be about politics or is it a market that will overcome that? >>
china clearly has bottomed. and i think with the new leadership in place, we'll have much more talk about urbanization and the restructuring that will continue to take place there and so that leaves us with europe. and europe is not doing well. we all know that. but i think europe has stopped deteriorating. so if we look at the pmi numbers, for example, they're still really bad, but they have stopped going down and some of the numbers increased even though they're still well below 50. all of...
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win millions of dollars of business for the pharmaceutical company in areas such as russia, brazil, china and poland. let's look to the major market average. the s&p is in the green, down and nasdaq pulling back a little bit. we are seeing drug index overall under pressure, eli lilly is likely to be in that index and banking index is higher so that is looking good. cheryl: thank you very much, see you at the top of the hour. if you are looking for that last-minute specialty gift brook stone might be on your list. how are they competing in the online space? the president and ceo is here. dennis: in time for a few last-minute gifts. let's look at today's winners. cheryl: what do you want? tell me now. [ male announcer ] ou are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this [ male announcer ] yes, you could business pro. yes, you could. go national. go lik
win millions of dollars of business for the pharmaceutical company in areas such as russia, brazil, china and poland. let's look to the major market average. the s&p is in the green, down and nasdaq pulling back a little bit. we are seeing drug index overall under pressure, eli lilly is likely to be in that index and banking index is higher so that is looking good. cheryl: thank you very much, see you at the top of the hour. if you are looking for that last-minute specialty gift brook stone...
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in china, hundreds of people from the almighty god cult have been arrested for distributing leaflets. their crime? not warning of the end of the world but promoting war on the big red dragon-- the communist party. in the south of france it's believed by new ages to be the only safe place in the world. something to do with the shape of the mountain which overlooks the village. but today t.v. crews and police outnumbered prophets of doom. >> sreenivasan: in this country, nasa has produced a video to reassure those who need it. it's titled "why the world didn't end yesterday." the president of russia vladimir putin put new distance today between his government and the regime in syria. in his annual news conference, putin insisted his country is not protecting syrian president bashar assad. he urged assad to hold talks with the opposition, and negotiate an end to the bloodshed. >> ( translated ): we are not concerned about the fate of assad's regime. we understand what is going on there and that his family has been in power for 40 years. the changes are undoubtedly needed. we are worried
in china, hundreds of people from the almighty god cult have been arrested for distributing leaflets. their crime? not warning of the end of the world but promoting war on the big red dragon-- the communist party. in the south of france it's believed by new ages to be the only safe place in the world. something to do with the shape of the mountain which overlooks the village. but today t.v. crews and police outnumbered prophets of doom. >> sreenivasan: in this country, nasa has produced a...
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. >> i think "promised land" could be a big problem just like i think back, impact china syndrome had on the nuclear power industry many years ago with jack nicholson. >> reporter: he says natural gas derived from shale in places like pennsylvania, west begin, ohio, texas and other places is an enormous opportunity for the country, one that president obama is fully on board with but he adds the opposition to this should not be underestimated and it is growing, jenna. jenna: john roberts live in atlanta. john, thank you. jon: just in, we'll take you live to washington. this is the number two republican in the house of representatives, house majority leader eric cantor. he is holding a news conference all about the fiscal cliff that is expected to be voted on, well, the plan b that we were just talking about, speaker boehner's plan. about expected to be voted on today. he is saying he is in favor of that bill. let's listen in. >> vote on the one million dollar cuttoff. making it more difficult to negotiate with the president? >> listen, our members understand that the nation faces large
. >> i think "promised land" could be a big problem just like i think back, impact china syndrome had on the nuclear power industry many years ago with jack nicholson. >> reporter: he says natural gas derived from shale in places like pennsylvania, west begin, ohio, texas and other places is an enormous opportunity for the country, one that president obama is fully on board with but he adds the opposition to this should not be underestimated and it is growing, jenna....
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. >> i'll show china how to dance. >> what defines me? >> ryan lochte. >> he embodies american exceptionalism. being world-class at something while still sounding like kind of an idiot. it is just as true today as the day it was placed in my hotel room. it tells of a tower a vast, decadent structure. erect the by those who saw themselves as god's eequals. asas paybacks for the presumptive. god curse their tongues making them speak in utter gibberish. >> ing the -- what? what do you want me to tell romney? i can't tell him that. i can't tell him to do that. >> that's right. i also learned that mitt romney can do that to himself. >> 47% of the people who vote for the president no matter what. >> stupid freeloaders. i'm glad none of them are here filling our water glasses and parking our cars and recording this. someone please tell me they're not recording this. mitt romney. that's me. mitt romney. and finally probably most importantly, i learned what paul ryan looks like when he works out. he looks ridiculous. who works out in a baseball ca
. >> i'll show china how to dance. >> what defines me? >> ryan lochte. >> he embodies american exceptionalism. being world-class at something while still sounding like kind of an idiot. it is just as true today as the day it was placed in my hotel room. it tells of a tower a vast, decadent structure. erect the by those who saw themselves as god's eequals. asas paybacks for the presumptive. god curse their tongues making them speak in utter gibberish. >> ing the --...
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you know, as i've said before, we had a maniac attack an elementary school in china last friday, the same day as newtown, but no one was killed. >> that's a talking point that is out there quite a bit. the bottom line is the american people are ready for change. will the congress walk in lockstep with the american people in this? that's the big question. congressman jerrold nadler, great to have you with us tonight. thank you so much. remember to answer tonight's question at the bottom of the screen. share your thoughts on twitter at ed show and facebook. we want to know what your thoughts are. >>> coming up, it just keeps getting tougher for the republican speaker of the house. john boehner is forcing his members to vote on his plan b tomorrow. it turns out his plan b ends up raising taxes on the middle class if you get to the devil in the details. congressman israel reacts to the details. stay with us. >>> coming up, john boehner rejects another fiscal cliff >>> welcome back to "the ed show." everybody wants a deal. are we going to get it? folks, i tell you, today we may be farther
you know, as i've said before, we had a maniac attack an elementary school in china last friday, the same day as newtown, but no one was killed. >> that's a talking point that is out there quite a bit. the bottom line is the american people are ready for change. will the congress walk in lockstep with the american people in this? that's the big question. congressman jerrold nadler, great to have you with us tonight. thank you so much. remember to answer tonight's question at the bottom of...
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there's some decoupling, and given the monetary easing, not only the united states, japan has been easing china has been easing and around the world easing and you would expect the gold to be higher. stuart: you would. paper currencies are not worth what they used to be worth. the euro, for example, the u.s. dollar, for example, the british pound. i mean, this is paper currency under threat. at times like that, you expect gold to go straight up. well, it it had a nice run, but now, even though the fed is printing and printing and printing and the japanese and the europeans join in, the best answer you've got there are more sellers than buyers? >> in terms of monetary easing, the general expectation for inflation down the road. gold would be steady and rising, it's not. that's because gold is now a tradeable asset class. it's no longer a hedge and what it used to be. and the decoupling because they're selling it as they would any stock, etf, or apple. and there are sellers than buyers because of year end sellers and pressure hedge funds have been experiencing and selling off winners. gold is see
there's some decoupling, and given the monetary easing, not only the united states, japan has been easing china has been easing and around the world easing and you would expect the gold to be higher. stuart: you would. paper currencies are not worth what they used to be worth. the euro, for example, the u.s. dollar, for example, the british pound. i mean, this is paper currency under threat. at times like that, you expect gold to go straight up. well, it it had a nice run, but now, even though...
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a team of 25 scientists from china on a mission towards the south pole. it's the 12 expedition to the island's ice cap. >> you ukraine. three african white lion cubs were born in the zoo in the south. zoo keepers say it's rare for the species to give birth in captivity. caretakers have brought the cubs inside to protect them from the harsh winter temperatures and that's a wrap on this fox trip around the world in 80 seconds. supreme court nominee robert bork has died. closer look at the man whose confirmation hearings change such proceedings forever. plus, need a new friend on facebook? how about the ayatollah khomeini. iranens supreme leader wants you to friend him but his own people aren't even allowed to like this. that's coming up. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercede
a team of 25 scientists from china on a mission towards the south pole. it's the 12 expedition to the island's ice cap. >> you ukraine. three african white lion cubs were born in the zoo in the south. zoo keepers say it's rare for the species to give birth in captivity. caretakers have brought the cubs inside to protect them from the harsh winter temperatures and that's a wrap on this fox trip around the world in 80 seconds. supreme court nominee robert bork has died. closer look at the...
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that will involve in different ways china, russia and india. we have a crisis on our hands in syria. we have pressures to go to war against iran. these are the kind of issues that really need attentive leadership from the secretary of state that is intensely interested in them and has the kind of experience and global background that is needed for that kind of job. >> i just want to add to the list the recent north korea missile test, rocket test, aka, a missile test, and the close collaboration between north korea and iran. iran is pretty advanced on miniaturizing nuclear warheads. and north korea is very advanced on missiles. and if that collaboration continues, we may have a very serious confrontation. >> and so there's no island of stability out there in this from north korea all the way into africa. and a lot of the intel people say that the next four years may be dominated by a series of crises and meltdowns. and that, you know, i think that's quite likely or certainly more likely than the idea that there's going to be a period of peace.
that will involve in different ways china, russia and india. we have a crisis on our hands in syria. we have pressures to go to war against iran. these are the kind of issues that really need attentive leadership from the secretary of state that is intensely interested in them and has the kind of experience and global background that is needed for that kind of job. >> i just want to add to the list the recent north korea missile test, rocket test, aka, a missile test, and the close...
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plan b is not the way to go unless we are trying to get in second place to countries like china and others. if we want to stay in the lead, we need to get our fiscal house in order and reject this plan b. the speaker pro tempore: all time on the democratic side has expired. the gentleman from wisconsin has two minutes remaining. mr. ryan: mr. speaker, let's take a step back and remind us where we are. on january 1, if we do nothing, every american taxpayer will see a massive tax increase. that will dramatically hurt our economy and families. the next day, we'll face a 10% cut in our defense budget. americans chose divided government. whether it was intended or not. the president won. the house is still a republican house. we are going to have to find a way to make this work. this is what we are intending on doing today. we want to avert this crisis, this cliff. but that means beginning to get spending under control. that means to prevent as many tax increases hitting as many americans as possible. i mean this sincerely, my friend from maryland says we need a balanced approach. the presiden
plan b is not the way to go unless we are trying to get in second place to countries like china and others. if we want to stay in the lead, we need to get our fiscal house in order and reject this plan b. the speaker pro tempore: all time on the democratic side has expired. the gentleman from wisconsin has two minutes remaining. mr. ryan: mr. speaker, let's take a step back and remind us where we are. on january 1, if we do nothing, every american taxpayer will see a massive tax increase. that...
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house of january 5, 2011 of the following individual on the part of the house to the united states china economic and security review commission for a term to expire december 31, 2014. the clerk: mr. larry wortzel of virginia. the speaker pro tempore: pursuant to clause 12-a, rule 1, watched documents and links about the fiscal cliff. over the next several hours, the latest on the negotiations over the so-called fiscal cliff. in a few moments, president obama, who also talked about preventing gun violence. it will hear briefly from house speaker john boehner, followed by house minority leader nancy pelosi. later the comments of senator kent conrad. >> if you work for him, you would get a mercurial, sometimes generous, sometimes overbearing, sometimes almost cruel loss. he did not know how to apologize. men of his age and class are not going to apologize for yelling at a secretary or typist. he had a way of turning the tables. his version of an apology would be saying actually i am a very kind man and you were doing a very good job today. the issue was never settled. he always had to get
house of january 5, 2011 of the following individual on the part of the house to the united states china economic and security review commission for a term to expire december 31, 2014. the clerk: mr. larry wortzel of virginia. the speaker pro tempore: pursuant to clause 12-a, rule 1, watched documents and links about the fiscal cliff. over the next several hours, the latest on the negotiations over the so-called fiscal cliff. in a few moments, president obama, who also talked about preventing...
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it seems to me we would even have to consider borrowing money from china or anywhere else, why we should even have that as an option. we're the richest country in the world. and also won three note on the gun laws issue. i do not see how they can target any particular weapon. it is worse than any combat- loading weapon. you can almost do that as fast as you can pull the trigger also. not a matter how many rounds you can shoot, but any sane person -- insane person getting hold of anything. guest: the reality of using guns or whatever illegal purpose of its lost in washington and the politics. we will have to do something, a press release and a press conference. there is a second amendment. they believe the supreme court has recognized the individual rights in a narrow decision. one thing i want to go back to, and what i hear from folks like yourself and others is the mass of new regulations coming out. instead of helping, we are hindering folks. practically on the provisions of obama care and how that is impacting a growing -- actually a sluggish economy going in the wrong direction. you
it seems to me we would even have to consider borrowing money from china or anywhere else, why we should even have that as an option. we're the richest country in the world. and also won three note on the gun laws issue. i do not see how they can target any particular weapon. it is worse than any combat- loading weapon. you can almost do that as fast as you can pull the trigger also. not a matter how many rounds you can shoot, but any sane person -- insane person getting hold of anything....
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united states-china economic review commission. signed sincerely, karen l. haas. the speaker pro tempore: the chair will he want taint up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from kansas seek recognition? ms. jenkins: to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. ms. jenkins: growing up on a kansas dairy farm, i know the estate tax is a threat to family farms. this tax makes bailing hay and shoveling manure sound like a get rich quick scheme when most family farms make an average of $45,000 a year. raising the estate tax to 55% and dropping the exemption to $1 million, might sound feasible to a hedge fund manager but it will jeopardize the future of farmers and their families, forcing many to sell their farms they worked for generations on. many farmers are land rich but cash for poor. the average land value for 65,000 kansas farms is $900,000. throw in a $300,000 combine, a $250,000 tractor and kansas farmers are sud
united states-china economic review commission. signed sincerely, karen l. haas. the speaker pro tempore: the chair will he want taint up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from kansas seek recognition? ms. jenkins: to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. ms. jenkins: growing up on a kansas dairy farm, i know the estate tax is a threat to...
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we'll be right back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. lori: research in motion bested by competitors like samsung and apple but could a comeback be on the horizon? today's earnings release could provide a clue. shibani joshi is here to talk about this. >> this is important quarter. calm, not before the storm but big unveiling. blackberry 10 will come out in january. here is what we expect at the close. loss by the company. revenue $2.65 billion. normally we pay so much attention to how many device this is company sells, unfortunately the trend is not this company's friend. device sales down 5% and 25% in the la
we'll be right back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and...
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una en china y otra en japón! >>> los que se encotnraron fueron paulina rubio y juan colate, en la corte. vamos con el reportaje porque se vieron las caras por la cutodia! >>> (mÚsica). >>> el día de ayer se realizó la primera audiencia de divorcio entre paulina rubio y juan colate que confesó ponerse nervioso al ver a paulina rubio. >>> la artista había pedido al juez revocar la custodia compartida porque juan colate no le daba buenos cuidados al niño. >>> básicamente tenían un video de una serie de días donde un investigador lo seguía y no lograron encontrar la evidencia en el video, ni se vio al niño enfermo en este tiempo. >>> las pruebas no fueron suficientes para el juez y pidieron que el tiempo que compartia con el niño, fuera acompañado. >>> seguimos en lo normal sin supervision con lamisma custodia de siempre. >>> a esta divorcio le hace falta la parte más polémica. >>> la parte financiera. >>> no está claro aun. ganó un millón de dólares en un trabajo hace unos meses y luego regulamos
una en china y otra en japón! >>> los que se encotnraron fueron paulina rubio y juan colate, en la corte. vamos con el reportaje porque se vieron las caras por la cutodia! >>> (mÚsica). >>> el día de ayer se realizó la primera audiencia de divorcio entre paulina rubio y juan colate que confesó ponerse nervioso al ver a paulina rubio. >>> la artista había pedido al juez revocar la custodia compartida porque juan colate no le daba buenos cuidados al...
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we have to protect them against china. mitt romney got something right in his debate against the president when he said he's not afraid of toughening sanctions against china for currency manipulation because he said, people say they're going to cut off the trade. they make an enormous amount of money out that have trade, why would they cut it off? agreed. why would the chinese shut down the navigation routes in which they make an enormous amount of money? it's like domino's deciding to tear up the streets so they couldn't deliver the pizza but we are spending money on a navy that protects every shipping lane everywhere in the world as if we were the only ones who had that interest. now let me get this one. surprising from conservatives. to airlift humanitarian aid anywhere in the world. now, i wish we were doing more in haiti. i wish we were doing more to stop children from dying of illness in africa. but we have to give humanitarian aid anywhere in the world to our wealthy allies and others? frankly i wish we were better
we have to protect them against china. mitt romney got something right in his debate against the president when he said he's not afraid of toughening sanctions against china for currency manipulation because he said, people say they're going to cut off the trade. they make an enormous amount of money out that have trade, why would they cut it off? agreed. why would the chinese shut down the navigation routes in which they make an enormous amount of money? it's like domino's deciding to tear up...